 |
|
|
 |
|
PetroChina Co, Asia's biggest company by market value, urged the Chinese government to allow oil companies to earn "reasonable" margins after second-quarter profit missed estimates because of controls on fuel prices.
China COSCO Holdings Company, the country's top shipping conglomerate, reported a loss of 271 billion yuan ($432 million) for the first half of 2011, registering a massive decline of 176.8 percent year-on-year.
US-based pediatric nutrition company Mead Johnson has been exposed by an anonymous source for using illegal measures to promote dairy products among pregnant women and new mothers in Hunan province.
Chinese airline giant China Southern Airlines on Friday reported strong growth in net profits over the first six months of the year due to strong domestic travel demand and the yuan's appreciation.
When the public doesn't buy into the superiority of diesel-powered cars, the so-called fuel-efficient and environmentally friendly vehicles can become a hot potato for manufacturers.
Air China, the country's largest international carrier, said Friday that its net profits fell 13.44 percent year-on-year to 4.06 billion yuan in the first half of the year due to high fuel costs.
Singapore-based luxury-resort developer Banyan Tree Holdings Ltd has plans to build high-end homes in second- and third-tier cities in China.
Apple's CEO resignation makes ripples in China
China's major SUV maker -- Great Wall Motors -- has unveiled its newest Haval series of SUVs, H6, at the opening of its new factory in north China's Tianjin municipality.
Ushi.cn, China's version of Linkedin.com, may break even next year as it further enlarges its user base, according to a top company official, at a time when social-networking sites for professionals try to cash in on the world's largest Internet market.
Steve Jobs' resignation as Apple Inc's chief executive officer won't have much impact on the Chinese market, as the company's product-launch road map is already on track and China remains a key driver for its growth.
APM Terminals, the port operation division of AP-Moller Maersk Group, will resume investment in emerging Asian markets to cater to increasing intra-Asia cargo flow, the company's Chief Commercial Officer Martin Christiansen said in a recent interview.
